Skip Ribbon Commands
Skip to main content

News release

SAN DIEGO, CA

Jones Lang LaSalle Completes Two Leases; Brings West Bernardo Corporate Center to Full Occupancy


SAN DIEGO, September 8, 2011 — Jones Lang LaSalle represented Arden Realty, Inc., owners of West Bernardo Corporate Center, in a 15,121-square-foot, 72-month lease renewal valued at $1.466 million with Zarlink Semiconductor and a 15,090-square foot, 60-month new lease valued at $1.215 million with D&K Engineering. The two leases bring the building to 100 percent occupied.

Jay Alexander, Managing Director, and Ryan Grove, Senior Vice President of Jones Lang LaSalle represented the landlord, Arden Realty. Alex Hayden of Cushman & Wakefield represented tenant Zarlink Semiconductor, and David Marino and Shane Poppen of Hughes Marino represented tenant D&K Engineering.

West Bernardo Corporate Center, located at 15822 Bernardo Center Road in the Rancho Bernardo submarket of San Diego, is a 60,344-square foot, freestanding flex office building. In addition to Zarlink Semiconductor and D&K Engineering, Garden Fresh Restaurants occupies the balance of the space at the building. Alexander and Grove completed a 10-year lease with Garden Fresh Restaurants on behalf of Arden Realty last fall.

“The rebounding market in Rancho Bernardo and the creative, open space at West Bernardo Corporate Center are appealing to tenants,” said Alexander. “Our team is proud to work with Arden Realty and to have represented this outstanding office building for more than 10 years.”

Jones Lang LaSalle is a leader in the San Diego commercial real estate market. The firm employs approximately 45 of the area’s most recognized industry experts offering services in brokerage, capital markets, facility management and project development services. In 2010, the San Diego team completed 1,448,307 square feet in lease transactions and directed $34.5 million in project management and currently leases and/or manages more than 5.5 million square feet in the market.

About Arden Realty
Founded in 1996, Arden Realty, Inc. is a forward-thinking national commercial real estate landlord with a business model of innovation, sustainable solutions and accountability. A fully integrated office platform of GE Capital Real Estate and its parent company General Electric, Arden is the commercial real estate expert in property management and leasing, high-quality construction management and engineering, corporate services and investment sales. Arden is also a leader in sustainability in the commercial real estate industry and is nationally recognized for its commitment to energy conservation and efficiency.

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 70 countries from 1000 locations worldwide, including 200 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $45.3 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.